FXstreet.com (Córdoba) - The Canadian Dollar is falling for the fourth consecutive day against Greenback. USD/CAD rose to 1.0717 posting a fresh 3-week high. The fall in stocks and in crude oil prices is helping the Dollar. Currently the pair trades at 1.0699/1.0705, 0.08% above today's opening price.
On the upside, resistance levels lie at 1.0750 and above at 1.0790 (Oct 2 low). The pair could find support at 1.0630 (intra-day low) and below at 1.0550.
Crude oil is back above $78 a barrel after falling to $77.80, still down for the day more than 0.30%.